Macao: Financial development

The latest value from 2021 is 0.485 index points, a decline from 0.488 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Macao from 1984 to 2021 is 0.375 index points. The minimum value, 0.31 index points, was reached in 2005 while the maximum of 0.488 index points was recorded in 2020. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.